The Royal Bank of Canada, RBC Royal Bank or RBC Financial Group is the biggest financial institution in Canada, in terms of deposits, revenues, and market capitalization. RBC tries to be a diversity leader in Canada, and continue to strengthen their diversity initiatives nationally as well as internationally. Diversity is a source of transformation and sustainable economic prosperity. RBC believes that diversity helps guarantee company’s prosperity. By drawing on the strength of diversity, RBC can meet new risks and help create profit for their clients, employees, shareholders and communities. They believe making the most of diversity is the smart and the right thing to do. The RBC Diversity Blueprint sets out how they see diversity, …show more content…
We will attract and retain talented individuals, develop and advance minorities into leadership roles,
8. represent our diverse communities in our workplaces, address the financial services needs of diverse cultural
9. markets, and support initiatives that address their needs in our communities.
10. RBC has a longstanding history of supporting new immigrants to Canada. The population of new Canadians
11. and minorities is growing and much of our future growth in Canada will depend on the success of these communities.
12. We believe for Canada to succeed in the global marketplace, attracting, employing and fully integrating
13. immigrants in our workforce is imperative. RBC will be an employer of choice for newcomers and we will
14. work to fully engage the diversity of our entire workforce.
15. In addition, RBC Royal Bank seeks to be the financial institution of choice for newcomers to Canada. We are
16. committed to making it easier for newcomers to get established financially and to continue developing a
17. deeper understanding of the needs and priorities of both new immigrants and cultural communities.
For minorities as employees and newcomer to Canada recruits, RBC is committed to:
• Increasing the representation of minorities in leadership …show more content…
In addition, RBC’s business and operational units manag the local implementation of initiatives and provide input for the diversity strategy.
Policies and Practices: RBC has a comprehensive set of policies and practices related to employment equity/equal opportunity and anti-discrimination. They proactively review and update these policies to address regulatory changes, emerging and evolving issues and global best-practices.
Reporting and Transparency: RBC reports regularly on progress on the key diversity priorities and activities. They submit a number of employment related reports to regulatory bodies in Canada and the US. RBC continues to report publicly on the full spectrum of their diversity activities through their internal and external websites, Reports.
Measures of Success: RBC has identified a number of key metrics and uses wide appropriate diversity performance indicators. In addition, they continue to provide information to a variety of diversity rating organizations so that their shareholders, clients and employees have access to independent assessments of the